5550 Grand Ave | Gurnee, IL 60031
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5550 Grand Ave
Gurnee, IL 60031
Hampton Inn Gurnee · Hospitality Property For Sale · 50,576 SF
Investment Highlights
- Fee-simple interest in the 134-room, absentee-owned, and third-party managed Hampton Inn Gurnee offered at a fraction of replacement cost.
- Offered unencumbered of management or debt with the ability to retain the Hilton flag.
- Adjacent to Gurnee Mills Shopping Mall, which has historically attracted over ~20MM annual visitors.
- Property offered for individual sale in the June 20th Ten-X auction event.
- Situated adjacent to Interstate-94 with direct visibility and easy accessibility to upwards of 100,000 vehicles passing the location daily.
- Located a half mile from Six Flags Great America, which attracts over 2.6MM guests annually making it a top amusement park in the US for attendance.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 50,576 SF |
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built/Renovated | 1988/2018 |
| Building Class | B | Parking Ratio | 3.14/1,000 SF |
| Lot Size | 2.67 AC | Corridor | Interior |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.67 AC |
| Building Size | 50,576 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1988/2018 |
| Parking Ratio | 3.14/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Digital key
PROPERTY TAXES
| Parcel Number | 07-15-110-001 | Improvements Assessment | $1,367,923 |
| Land Assessment | $419,828 | Total Assessment | $1,787,751 |
PROPERTY TAXES
Parcel Number
07-15-110-001
Land Assessment
$419,828
Improvements Assessment
$1,367,923
Total Assessment
$1,787,751
zoning
| Zoning Code | No Zoning |
| No Zoning |
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